GREY:NEPTF - Post by User
Comment by
Intuitx2on Nov 06, 2019 6:04pm
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Post# 30318044
RE:Question, How can NEPT announce strong
RE:Question, How can NEPT announce strongJust checked the definitions, a new customer contract does not qualify as requiring a filing. The logic would then be, IF NEPT has strong cannabis revenues, THEN NEPT chose not to disclose the new customers in a press release. Which kind of sucks for shareholders imho because it limits visibility for the future. You can "imply" that they have new customers by several statements...
1) order books filled for 3 years
2) Quebec running 7 days a week, 3 shifts around the clock
3) U.S. sales team expanded
You can imply a robust customer base that is growing, but without factual documentation, you are still implying. Sort of like the probalistic model for the position of an electron "because the act of attempting to meaure will change the results itself".....which is a crock of garbage, there are no coincidences or random events, view that electron with a beyond speed of light strobe and you will know it's exact position at ANY point in time.
Word of caution: if cannabis revenues on this quarterly report don't "wow" the crowd, this stock will tank and the shorts will have a field day with it.